Are we there yet?2 Nov 2015 19:11
Wed, 17th Dec 2014 07:00
RNS Number : 9817Z
Polo Resources Limited
17 December 2014
"o The Mine Development Agreement ("MDA"), which will establish the legal, fiscal and
operating regimes for the development and commercial exploitation of Nimini's gold project, was executed by the Minister of Mines and Mineral Resources in February 2014. However, Nimini was subsequently advised by the Minister that Government of Sierra Leone ("GoSL") requires certain of the terms to be re-negotiated.
o The outbreak of the ebola virus, the subsequent state of emergency declared to combat
the virus, GoSL's focus on that issue and restrictions on travel to Sierra Leone, have unfortunately resulted in the MDA negotiations having to be postponed and site activities being ceased. As soon as the situation improves the primary focus will be to conclude the MDA negotiations such that the MDA can be put before the Sierra Leone Parliament for ratification."
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http://www.nerc.sl/
Countdown nearly finish, the door will be unlocked, will it be opened? How long will the corridor be?
Not a ramp as there is no indication of time span, which l'm guessing is going to be a loooooong while.